What are the responsibilities and job description for the Underwriting Internship position at BUILDERS INSURANCE GROUP INC?
Job Details
Description
Excellence. Trust. Mutual Respect.
Do these words resonate with you? If so, Keep reading and apply below!
These values of Builders culture create success in all we do. We strive to provide deeply supportive partnerships to our customers, agents, and each other.
Builders is proud to be named one of the top workplaces USA with top marks in Company Direction, Employee Appreciation, Work-Life Balance, Leadership, and Compensation and Benefits. Our strong culture keeps us Built Strong in a forever-changing world, and our AM Best A Rating is evidence of our financial strength.
Summary of the role:
The underwriting intern will learn about commercial property and liability insurance coverages and the fundamentals of the underwriting function. Key concepts include learning how underwriters assess employers’ operations and hazards to accurately and competitively develop appropriate premium. The Underwriting intern will utilize training, our underwriting guidelines, and predictive analytics tools to evaluate and service policies, answer customer questions, issue endorsements, and build and maintain relationships with our policyholders and agent partners.
What would be your day in the life at Builders?
• Evaluates accounts to determine risk selection within authority level
• Determine account pricing, terms and conditions in accordance with industry regulations
• Appropriately select risk based on the organizations underwriting risk appetite
• Document justification for underwriting direction
• Obtain and organize relevant underwriting information
• Review and process renewal policies within a given authority level
• Review and process endorsements
• Review and process cancellations and re-writes
• Provide timely and professional communication to customers
What skills will you need?
- Highly motivated individuals that work well in a team environment.
- Think strategically and critically.
- Leverage information technology, data and other resources to identify solutions.
- Hold a strong desire and curiosity to learn the insurance business.
- Demonstrate and develop excellent written, verbal and interpersonal communication and professional skills.
- Pursuing a bachelor’s or master’s degree.
- Demonstrated proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
About Builders
Builders is a mid-sized mutual with remarkable strengths. Rated A by AM Best, Builders has forged rock-solid financial strength and a reputation for reliability and fairness in fulfilling our promises to customers. Kind, collaborative, and customer-centric, our experienced and passionate teams foster a rewarding atmosphere of excellence, trust, and mutual respect, meriting the “Culture Excellence” honors from Top Workplaces. Flexible and highly personal, our experts leverage deeply supportive partnerships with knowledgeable independent agencies to drive better services and protection for policyholders.
Our financial excellence, amazing people, and powerful partnerships build outstanding outcomes and peace of mind for our agents and their clients. This is what we mean by Insurance Built Strong®.
Qualifications
